TLA

The Fund is an actively managed ETF that seeks current income by getting exposure to a portfolio of autocallables that reference the price of the common stock of Tesla, Inc (TSLA). The parameters of the autocallables the Fund will get exposure to are detailed in the Fund Exposure to the Autocallables with the aim to make monthly distributions. The Fund will invest at least 80% of its net assets in derivatives contracts that utilize the autocallable on the Underlying Asset as their reference asset. For purposes of compliance with this investment policy, derivative contracts will be valued at their notional value. The Fund's cash balance may be invested in the following instruments: (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs; (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund's swap agreements; (5) repurchase transactions, (6) US large cap equities listed on a national security exchange, sovereign fixed income securities with a credit rating at least equal to the United States Federal Government, or corporate debt securities.